2711 Pico Boulevard, Santa Monica, CA 90405

Santa Monica
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
2711 Pico Boulevard,Santa Monica, CA 90405
$5,500,000
  • 18 Beds
  • 16 Baths
  • 9,926 sq. ft.
  • Multi-family
  • Active
Listed by: arthur yoon
Office: redpoint realty213-380-1500
MLS#:26102086
Source:CRMLS

Price summary

  • Price:$5,500,000
  • Price per sq. ft.:$554.1

About this home

A true Santa Monica developer's dream delivered with 10 vacant units. 2711-2715 Pico Blvd presents a rare opportunity to acquire a 16-unit apartment property in the heart of Santa Monica, offering exceptional value-add and redevelopment potential. Situated on an expansive 20,897 SF lot, the property consists of two side-by-side buildings totaling 16 units, including fourteen 1-bedroom units and two 2-bedroom units. Many units feature charming hardwood floors, and convenient rear parking enhances tenant appeal. The location offers strong walkability and daily convenience, positioned directly next to Starbucks and surrounded by neighborhood retail, dining, and residential density. Zoned MUBL (Mixed-Use Boulevard), the site provides attractive development flexibility with a base FAR of 2.0 and up to 45 feet in height. Potential exists for increased density up to FAR 2.5 and 55 feet for 100% affordable housing projects (buyer to verify with the City). Ideal for investors or developers...

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Home facts

  • Year built:1951
  • Listing ID #:26102086
  • Added:9 day(s) ago
  • Updated:October 23, 2026 at 11:44 AM

Rooms and interior

  • Bedrooms:18
  • Total bathrooms:16
  • Living area:9,926 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1951
  • Building area:9,926 sq. ft.
  • Lot area:0.48 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$5,500,000
  • Price per sq. ft.:$554.1

Parking

  • Total parking spaces:12
  • Parking description:Assigned, Uncovered
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